Forest owner writes off another £82m of debt

The owner of Nottingham Forest, Evangelos Marinakis, has made another substantial investment in the club.

The Greek magnate has converted an £82m loan to Forest into 8.2 billion 1p shares.

This is the latest in a series of financial moves from Marinakis over recent times. Over the last five years, he has converted over £160m owed to him into shares.

Forest are enjoying a wildly successful season in the Premier League. The club currently sit third after winning their last five games and are in with a shout of qualifying for next season’s Champions League.

Forest continue their Premier League season on Monday with a trip to struggling Wolverhampton Wanderers.